Track US PPI m/m to gauge future consumer inflation trends. Key for forecasting Forex shifts.
This serves as a key indicator of consumer inflation; typically, when producers increase prices for goods and services, these higher costs are ultimately reflected in consumer prices. Note that the source revised its calculation formula in February 2014.
What it Measures
This metric tracks the change in prices for finished goods and services sold by producers.
Usual Effect
A higher 'Actual' figure than the 'Forecast' is considered positive for the currency.
Source & Frequency
Bureau of Labor Statistics (latest release) - https://www.bls.gov/ • Data is released monthly, approximately 13 days after the end of the month.
How Data is Derived
N/A
Also Known As
Finished Goods PPI, Wholesale Prices, PPI for Final Demand
Acronym
Producer Price Index (PPI)